Augusta, GA- March 19, 2019- Blanchard and Calhoun Commercial Real Estate announced today that it has been named Top Leasing Firm and Director Davis Beman has been named Top Industrial Leasing Broker in the 2018 CoStar Power Broker Awards for the Augusta/Richmond County Market. The Awards are presented by CoStar Group, Inc., the leading organization recognizing professionals and firms who closed the highest transaction volume in their respective markets, along with recognizing professionals in several Commercial Real Estate categories including office leasing, retail leasing, industrial leasing and sales.

“We highly value all of our Broker partnerships such as CoStar and are honored to be recognized as Top Leasing Broker and Firm in the Augusta CRE

With the cyber wave beginning to grow, Augusta's apartment market is primed for growth, making our market attractive for investment. Buoyed by two stable industries, Military and Healthcare, Augusta has seen steady, albeit low rent growth for the past decade or so, but with conservative estimates showing Fort Gordon bringing an additional 14,000 employees and dependents to Augusta by 2023, rent growth should exceed the national average for the next few years. Also aiding rent growth is the lack of new development over the past decade, specifically in the luxury market.

There are a few reasons for limited development. First, land prices in the area have been low, keeping new home prices down, thereby making home ownership attractive relative to

Each January, the Terry College of Business at the University of Georgia traverses the state presenting their economic outlook for the upcoming year. The forecast for 2019 included national GDP growth of 2.5%, less than 2018 growth of 3% and below the 2.9% average growth of the last 50 years. High asset prices, tight labor markets, and high federal budget deficits contributed to the projected slowdown. The biggest risks for 2019 are: 1) overvalued equity prices, 2) political upheaval, and 3) restrictive monetary policy.

Even in the face of a slowing national economy, the outlook for Georgia looks strong, as Georgia's economy is projected to grow faster than the national economy for the sixth straight year (3% versus 2.5%). Georgia's economy is helped

As corporate relocation opportunities continue to become more expensive and scarce in comparison to a few years ago, our relocation team has increased its focus on home-grown opportunities.  Augusta, Ga. is home to Fort Gordon, a United States Army base, which houses critical missions including cyber command and the signal corp.  With more than 30,000 employees crossing into and out of Fort Gordon’s gates daily, our relocation team zeroed in on the giant opportunity right in front of us. 

Military on the Move® has been Blanchard and Calhoun’s go-to marketing program to serve military families in our area since we rolled it out in 2015.  Its popularity among our agents has grown annually since day one, and we’ve noticed it becoming an increasingly